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  5. Goodwill

12th Class Accountancy Goodwill Question Bank MCQs - Goodwill : Nature And Valuation

  • question_answer
    A and B were partners in a firm with capitals of Rs.3,00,000 and Rs. 2,00,000 respectively. The normal rate of return was 20% and the capitalised value of average profits was Rs.7,50,000. Goodwill of the firm by capitalisation of average profits method will be;

    A) 2,00,000 

    B) 2,20,000 

    C) 2,50,000

    D) 2,80,000

    Correct Answer: C

    Solution :

    2,50,000


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